First American Units Start Expansion Plan
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SANTA ANA — Subsidiaries of First American Financial Corp. have acquired two related companies as part of a corporate expansion strategy, the parent company reported Tuesday.
First American Title Insurance Co. purchased its largest Florida agent, Fidelity Title and Guaranty Co. of Orlando, while First American Real Estate Information Services purchased Calcred Corp.
Calcred, a San Diego company, provides mortgage credit services to banks, mortgage bankers, mortgage brokers and other loan originators in San Diego and southern Orange County. It will now operate as an extension of First American’s credit reporting division.
Financial details of the two acquisitions were not disclosed.
First American Financial Corp., based in Santa Ana, is a national title insurance and real estate services company.
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